Global Premium Audio Market Research Report 2020

Audio systems are audio electronics intended for entertainment use, such as shelf stereos and surround sound receivers. Premium audio systems deliver high-performance sound experience using a number of speakers, woofers, and other components.
The growing popularity and demand for in-vehicle entertainment systems will drive the market for premium audio systems. The rapid shift of the automotive industry toward systems offering more comfort and luxury is one of the key factors propelling the market’s growth, specifically in mid-segment vehicles.

The global Premium Audio market is valued at 7713.8 million US$ in 2020 is expected to reach 12530 million US$ by the end of 2026, growing at a CAGR of 7.1% during 2021-2026.
This report focuses on Premium Audio volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Premium Audio market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Premium Audio market is segmented into
400-1000 Watt
Below 400 Watt
Above 1000 Watt

Segment by Application
Car Use
Home Theater
Others

Global Premium Audio Market: Regional Analysis
The Premium Audio market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Premium Audio market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Premium Audio Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Premium Audio market include:
Panasonic
Bose
Sony
Harman International Industries
Pioneer
Alpine Electronics
JVC Kenwood
Bowers & Wilkins
Clarion
Sound United
Rockford
Focal-JMLab
McIntosh Laboratory
Dynaudio
Bang & Olufsen
Meridian Audio

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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